Envoys go to North Korea for nuclear talks push

[Adsos Letter]

Source: Reuters

SEOUL (Reuters) – A senior Chinese envoy was in North Korea to prod the reclusive state back to stalled nuclear talks while the South sent a team across the border on Monday for talks to restart tourism projects halted due to political wrangling.

The North will also host the U.N.'s top political envoy later this week, with analysts saying this engagement may bode well for the dormant six-way disarmament-for-aid talks and could lead to Pyongyang reducing the security threat it poses to the region.

The destitute North is feeling pressure to return to the nuclear talks, where it can win aid to prop up its broken economy, due to U.N. sanctions imposed after its nuclear test in May 2009 and a botched currency revaluation that sparked inflation and rare civil unrest.

Analysts said there is a chance the North could launch military moves if the talks do not go well. Market players have said this would dampen sentiment and serve as a reminder of the dangers of investing in the troubled peninsula.


Read more: http://news.yahoo.com/s/nm/20100208/ts_nm/us_korea_north